• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Battery Metals Market
    Battery Metals News
    Battery Metals Stocks
    • Battery Metals Market
    • Battery Metals News
    • Battery Metals Stocks
    lithium investing

    Orocobre Quarterly Report of Operations for Period ending 30 June 2017

    Priscila Barrera
    Jul. 21, 2017 08:48AM PST
    Battery Metals

    Orocobre (TSX:ORL) announces its quarterly report of operations for period ending 30 June 2017. As quoted in the press release: As at 30 June 2017, Orocobre Group had available cash of US$51.5 million, up from US$30.6 million at 31 March 2017. This follows the release of Standby Letters of Credit (SBLCs) of US$21.2 million (ORE’s share) back to the Company during the …

    Orocobre (TSX:ORL) announces its quarterly report of operations for period ending 30 June 2017.
    As quoted in the press release:

    • As at 30 June 2017, Orocobre Group had available cash of US$51.5 million, up from US$30.6 million at 31 March 2017. This follows the release of Standby Letters of Credit (SBLCs) of US$21.2 million (ORE’s share) back to the Company during the quarter

    • Orocobre completed the sale of exploration tenure at Salinas Grandes to LSC Lithium Limited (TSXV: LSC) and received US$4 million. A further US$3 million will be paid in three annual tranches

    • Inflation during FY17 has been 11% higher than the corresponding devaluation of the ARS peso against the USD which has resulted in higher costs at Borax Argentina SA and to a lesser extent SDJ

    Click here for the full text release

    quarterly reporttsx:orllithium investingargentina
    The Conversation (0)

    Go Deeper

    AI Powered
    copper bars

    5 Top Weekly TSX Stocks: Sierra Metals Takes the Lead with Gain of Nearly 40 Percent

    farm crops in a field

    5 Top Weekly TSXV Stocks: Arianne Phosphate Grows with Nearly 80 Percent Gain

    Latest News

    Homerun Resources Inc. Announces Future Production of 100% Antimony-Free Solar Glass in Brazil

    Altech Launches 15kWh UPS Battery for European Gas Pipelines

    Altech Batteries Ltd Launches 15kWh UPS Battery for European Gas Pipelines

    Homerun Resources Inc. Financing Updates

    Western Uranium & Vanadium to Acquire Uranium Claims

    More News

    Outlook Reports world

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Battery Metals Stocks

    Green Technology Metals

    GT1:AU

    International Lithium Corp.

    ILC:CA

    Lithium Africa

    Atlantic Lithium

    A11:AU

    Galan Lithium

    GLN:AU

    Jindalee Lithium

    JLL:AU
    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES